# 314 Melbourne Street, Detroit, MI 48202

> **TL;DR:** land, $17,500. Est. $76/mo. Listed 52 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $17,500 |
| Lot Size | 4,356 sqft (0.10 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 52 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $76 |
| **Total** | **$76** |

## Property Highlights

- 0.10 acre lot

## Description

### Agent Description
Located in Detroit's North End area. This lot is sold with 306 Melbourne. Both lots totaling= 8,800 sqft. Not sold separately. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult DLBA proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). Note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. See attached documents for DLBA requirements and offer submission info. Please so not submit using REMIND.

## Location

- **Address:** 314 Melbourne Street, Detroit, MI 48202
- **County:** Wayne
- **Neighborhood:** Mc Laughlin Bros Sub Of Lt 8
- **Coordinates:** 42.37776, -83.073044
- **Google Maps:** https://www.google.com/maps?q=42.37776,-83.073044

## Listing Agent

- **Name:** Leonard A Pickett III
- **Brokerage:** RCH Brokerage Legacy Inc
- **Phone:** (248) 440-2268
- **Email:** lpickettiii@rchlegacy.com

## Primary Photo

![314 Melbourne Street - Primary Photo](http://lh.rdcpix.com/cd7431ce204287dbc2c6cedf6ed11d29l-f813996082r.jpg)

*7 total photos available on [listing page](https://www.propertysimple.com/listing/314-melbourne-street-detroit-mi-48202-61023954)*

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**MLS#:** 20261023954 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/314-melbourne-street-detroit-mi-48202-61023954)

---

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